Why This European Is Bullish on America

The billionaire founder of Ineos says the shale revolution is making the U.S. a world-beater again. It would be 'unbeatable' with a lower corporate tax rate.

By

Brian M. Carney

Jan. 10, 2014 6:28 p.m. ET

London

America's energy boom is spurring a new British invasion, this one headed by Jim Ratcliffe, chairman and CEO of Ineos Group Holdings, the multinational petrochemical giant he founded in 1998. "The United States from our point of view," Mr. Ratcliffe says, "presents lots of opportunities for investment and growth."

In the U.S., where the economic discussion is often dominated by hand-wringing about...